Dow plunges more than 600 points, Nasdaq enters a correction

USA bond prices rose. Technology and consumer-focused companies accounted for much of the sell-off. In Asia, Japan's benchmark Nikkei 225 lost 0.4 percent, while South Korea's Kospi dropped 1.8 percent.

Earlier in the day, Twitter surged 15 percent in its biggest one-day gain in a year after the social media company easily beat Wall Street's revenue and profit estimates.

During Thursday's official trading session, all four FANG stocks rallied by between 3 percent and 7 percent, regaining some of the territory lost in recent weeks during a broad market sell-off.

The S&P 500 index slid 56 points, or 2.1 percent, to 2,648 as of 10:07 a.m.

The absence of a tax-cut boost and the likelihood of higher interest rates, which can raise borrowing costs for businesses, are also giving investors reasons to worry that company earnings growth will slow. Hong Kong's Hang Seng sank 1.1 per cent.

While U.S. economic growth kept apace despite trade wars, the same can not be said of U.S. corporate profit growth, as a slew of disappointing forecasts this earnings season showed how tariffs, rising wages and borrowing costs as well as jitters over geopolitical events are hurting companies.

The Dow is down 135.80 points, or 0.5 percent. The S&P discretionary index fell 3.6 per cent.

In the US, Friday's steep declines were triggered by disappointing quarterly results from tech giants Amazon and Google-owner Alphabet. A gain above 3.26% would have been the Nasdaq's best day since August 2015, and the index flirted with that level late in the afternoon before falling just before the close.

Banks, health care and industrial companies also took heavy losses, outweighing gains by utilities and other high-dividend stocks. But Asian markets took big losses, as the US market did the day earlier. Texas Instruments, a major chipmaker, slumped 8.2 percent and AT&T fell 8.1 percent.

United Parcel Service slid 5.5 percent to $107.93 after the shipping company reported weak global revenue, while the strong dollar and high fuel prices also hurt its results.

Investors moved to the relative safety of United States government bonds, which move inversely to yields, withthe 10-year falling 3.9 basis points to 3.077%, its lowest level in three weeks.

The S&P 500 had index plunged 9.2 percent since October 3 as investors anxious about climbing interest rates and the effects of the U.S-China trade dispute. Of those, 57 percent delivered earnings and revenue results that topped Wall Street's forecasts. Eastern Time. The Dow Jones Industrial Average dropped 402 points, or 1.6 percent, to 24,581.

Before the open, the Commerce Department said the USA economy grew in July through September at a slightly slower pace than a blockbuster expansion earlier in the year, marking the best back-to-back quarters since 2014. Germany's DAX slipped 0.9 percent, while France's CAC 40 dropped 1.3 percent.

Boeing jumped 2.2 per cent in early trading Wednesday after beating analysts' earnings forecasts and raising its estimates for the year, citing faster orders for aircraft.

The dollar fell to 111.85 yen from 112.61 yen on Thursday. The euro rose to $1.1408 from $1.1393.

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Ms Rometty added that most companies are now being held back in their cloud transformation due to closed platforms. Adhering to the adage of not fixing what's not broken, Red Hat will continue to operate as a separate unit.

As for the desktops, it would make the most sense if there was one new 21-inch iMac , a new 27-inch iMac, and a Mac Mini . But while that event is believed to center largely around new iPad Pro tablets, it will hardly be the only one.

And Martial made it 2-0 when he curled home a brilliant first-time finish to put Manchester United in control. I am happy with boys who are improving. "You are more exposed then because you have to take more risks".

Several Red Sox players spilled from the dugout to greet him. "I never had a manager that was like rah, rah, screaming at guys". Not leaving anything to chance, Cora brought in his ace Chris Sale to finish off the Dodgers with a 1-2-3 inning.

Stocks jumped on October 25, recovering from prior days' rout. "They have a right to act the way they do", Hatch said. The U.S. president said Powell "almost looks like he's happy raising interest rates", but declined to elaborate.

It was good news, however for Marcus Rashford as he was afforded a starting berth in his preferred centre-forward position. "Of course we are unhappy with the result but one penalty and one fantastic finish made the difference".

The prime minister's secretary has been removed according to the powers vested with the president as the appointing authority. The aide, Mahinda Amaraweera, said Rajapaksa has the majority needed in the 225-member Parliament to run a stable government.

Though Martial's contract is due to run out in 2019 a clause exists which allows United to extend the deal by another 12 months. They are five points off the top-four and now nine points behind Premier League leaders and arch-rivals Liverpool .

Bowers lived in the Baldwin Borough suburb of Pittsburgh, less than half an hour's drive south of Tree of Life . He has been hospitalised with multiple gunshot wounds but will appear before a federal magistrate on Monday.

But Trump suggested that responsibility lay higher up: "Well, the prince is running things over there more so at this stage". Kevin Dietsch-Pool/Getty ImagesTrump does not want to reduce arms sales to Saudi Arabia as a response to Khashoggi's death.

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